Sweden: Fluorescent Brightening Agents Market 2024

Fluorescent Brightening Agents Market Size in Sweden

After two years of decline, the Swedish fluorescent brightening agents market increased by 7.9% to $X in 2022. Overall, consumption recorded a noticeable contraction. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Fluorescent Brightening Agents Exports

Exports from Sweden

In 2022, the amount of synthetic organic products used as fluorescent brightening agents exported from Sweden soared to X tons, growing by 257% compared with the year before. Overall, exports recorded a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 572% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, fluorescent brightening agents exports soared to $X in 2022. In general, exports showed buoyant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 361%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Poland (X tons) was the main destination for fluorescent brightening agents exports from Sweden, accounting for a 66% share of total exports. Moreover, fluorescent brightening agents exports to Poland exceeded the volume sent to the second major destination, Norway (X tons), twofold. China (X tons) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland stood at +62.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+51.4% per year) and China (+12.6% per year).

In value terms, Poland ($X) emerged as the key foreign market for synthetic organic products used as fluorescent brightening agents exports from Sweden, comprising 63% of total exports. The second position in the ranking was held by Norway ($X), with a 29% share of total exports. It was followed by China, with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland totaled +45.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+56.4% per year) and China (+16.0% per year).

Export Prices by Country

In 2022, the average fluorescent brightening agents export price amounted to $X per ton, leveling off at the previous year. In general, the export price, however, posted a slight expansion. The pace of growth was the most pronounced in 2016 an increase of 523% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Brightening Agents Imports

Imports into Sweden

In 2022, purchases abroad of synthetic organic products used as fluorescent brightening agents was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of 25%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, fluorescent brightening agents imports skyrocketed to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of fluorescent brightening agents imports to Sweden, with a combined 90% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +26.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fluorescent brightening agents suppliers to Sweden were China ($X), Spain ($X) and Germany ($X), together comprising 82% of total imports.

In terms of the main suppliers, Spain, with a CAGR of +34.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average fluorescent brightening agents import price amounted to $X per ton, rising by 41% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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